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Stock impact report

Why Is Southwest Gas (SWX) Up 0.6% Since Last Earnings Report? [Yahoo! Finance]

Southwest Gas Holdings, Inc. (DE) (SWX) 
Last southwest gas holdings, inc. (de) earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.swgasholdings.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Southwest Gas due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Southwest Gas Q2 Earnings Lag Estimates, Revenues Down Y/Y Southwest Gas Holdings Inc. recorded second-quarter 2024 operating earnings of 31 cents per share, which missed the Zacks Consensus Estimate of 43 cents by 27.9%. The bottom line also decreased 34% from the year-ago quarter's figure of 47 cents. Total Revenues Operating revenues totaled $1.18 billion, which missed the Zacks Consensus Estimate of $1.23 billion by 3.9%. The top line also decreased 8.7% from $1.29 billion in the prior-year quarter. Highlights of the Release Utility infrastructure service expenses totaled $604.5 million, down 15.5% from the year-ago quarter's level of $715.7 million. The total o Show less Read more
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